SWEDEN: Volvo to invest 422 mln euros in Belgian operations
Swedish auto maker Volvo, a unit of US giant Ford Motor Company, said Monday it would invest 3.5 billion kronor (422 million euros, 407 million dollars) in operations at Ghent, Belgium. Volvo said it had selected the city of Ghent for the development and construction of its new mid-range models planned to succeed the S/V40 model.
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